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The Wealth of Eko: Inside the Fortunes of Lagos’ Most Powerful Monarchs

I want you to sit with this for a moment.


In October 2020, a mob broke into Iga Idunganran, the ancient palace of the Oba of Lagos on Lagos Island. They vandalised the building, carted away his staff of office, and looted whatever they could carry. Months later, Oba Rilwan Akiolu stood at the commissioning of the remodelled Glover Memorial Hall and calmly told the world exactly what they had taken from him.


“I can now say publicly: they stole $2 million and N17 million from my palace.”

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